Difference between revisions of "Tax Rate for Individuals"
| Line 6: | Line 6: | ||
! Percentage | ! Percentage | ||
|- | |- | ||
| − | |R0 to R188 000 | + | |R0 to R188 000 --> |
|0 plus | |0 plus | ||
|18% of taxable income | |18% of taxable income | ||
|- | |- | ||
| − | |R188 000 to R293 600 | + | |R188 000 to R293 600 --> |
|R33 840 plus | |R33 840 plus | ||
|26% of taxable income above R188 000 | |26% of taxable income above R188 000 | ||
|- | |- | ||
| − | | | + | |R293 601 to R406 400 --> |
| − | | | + | |R61 296 plus |
| − | | | + | |31% of taxable income above R293 600 |
| + | |- | ||
| + | |R406 401 to R550 100 --> | ||
| + | |R96 264 plus | ||
| + | |36% of taxable income above R406 400 | ||
| + | |- | ||
| + | |R550 101 to R701 300 --> | ||
| + | |R147 996 plus | ||
| + | |39% of taxable income above R550 100 | ||
| + | |- | ||
| + | |R701 301 and above --> | ||
| + | |R206 964 plus | ||
| + | |41% of taxable income above R701 300 | ||
|- | |- | ||
| − | |||
| − | |||
| − | |||
|} | |} | ||
Latest revision as of 10:13, 4 July 2018
1 March 2016 to 28 February 2017
| Band | Base | Percentage |
|---|---|---|
| R0 to R188 000 --> | 0 plus | 18% of taxable income |
| R188 000 to R293 600 --> | R33 840 plus | 26% of taxable income above R188 000 |
| R293 601 to R406 400 --> | R61 296 plus | 31% of taxable income above R293 600 |
| R406 401 to R550 100 --> | R96 264 plus | 36% of taxable income above R406 400 |
| R550 101 to R701 300 --> | R147 996 plus | 39% of taxable income above R550 100 |
| R701 301 and above --> | R206 964 plus | 41% of taxable income above R701 300 |
